2832 Shellbark Road Decatur, GA ^$ 599,999

2832 Shellbark Road

^$ 599,999

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2832 Shellbark Road

Decatur, GA, 30035

^$ 599,999

Bedrooms5 Baths5.0

Monthly Estimate*

^$ 3,988

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Multi-Family Home for sale in Decatur, GA

for $599,999 with 5 bedrooms and 5 full baths. This home was built in 1975 on a lot size of 0.023.

An excellent investment opportunity is available in Decatur for interested parties. Five units with varying floor plans and layouts are being sold together. The current monthly rental income stands at $9,500 with all units occupied by tenants on short-term leases. Several tenants have expressed interest in remaining. The property is at the end of Shellbark Rd, overlooking the beautiful Walden Lake. There is no Homeowners' Association, and all appliances and furnishings will remain in the units. Interested parties can arrange showings upon acceptance of an offer. Please contact Justin Vanek for more property details, including drone and interior photos. Note that there is no sign on the property, and tenants should not be disturbed.

Multi-Family Contingent

Price

^$ 599,999

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,239

Style

Lot Size

0.023

Year Built

1975

Town/City

Decatur

County/Region

Dekalb

MLS | Web ID

7378350

Features

General

Sewer Public Sewer

Heating Forced Air

Cooling Ceiling Fan(s) Central Air

Utilities Electricity Available Natural Gas Available Phone Available Sewer Available Underground Utilities Water Available

Possession Close Of Escrow

Roof Composition

Security Features None

Construction Materials Frame Wood Siding

Year Built 1975

View Trees/Woods

Levels Multi/Split

Property SubType Other

Tax Year 2023

Gross Income 9500

Waterfront Features N

Community Features Near Public Transport Near Schools Near Shopping Street Lights

Accessibility None

County Dekalb - GA

Net Operating Income 0

Operating Expense 0

Property Type Residential Income

HOA / Comm Assn No

Energy Efficient None

Subdivision Name None

Green Energy Generation None

Status Active Under Contract

Directions Please use GPS.

High School Miller Grove

City Decatur

Body of Water None

Total Units 5

Street Name Shellbark

Elementary School Fairington

Property Attached Y/N No

Tax Annual Amount 1239

Home Warranty Y/N No

Middle/Junior High School Miller Grove

Property Condition Resale

Days on Market 8

Standard Status Active Under Contract

Occupancy Type Tenant

Tax Lot 0

Cap Rate 0

Legal Description MULTIPLE PARCEL SALE - SEE PRIVATE REMARKS

Interior

Flooring Laminate Other

Furnished Y/N Unfurnished

Window Features None

Street Suffix Road

Total Baths 0

Exterior

Fencing None

Parking Features Parking Lot Paved

Lot Features Level

Water Source Public

Total Parking 5

Lot Dimensions 0

Lot Size Acres 0.023

Lot Size Source Public Records

Internal Only

Street Number 1 2832

* Excluded Features

List By

Justin Vanek

Listing Agent

Method Real Estate Advisors

Broker

justin@ourmethod.com

Affordability Calculator

$4,091

Per Month

Monthly Principal & Interest: $3,988
Monthly Property Taxes: $103
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Decatur, GA

Average List Price ^$856,831

Percent of Sale Price 43%

About Decatur, GA

22,020 Population

18% Since 2002

^$90,093 Median Income

40.1 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1928593 Elementary School

1926782 Middle School

Miller Grove High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/1/2024	$599,999		Listed Price

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2832 Shellbark Road, Decatur, GA, 30035 is a Multi-Family Home for sale at $599,999 with a lot size of 0.023. 2832 Shellbark Road has 5 bedrooms, 5.0 baths, and was built in 1975. The property's zip code is 30035 which is in Decatur, GA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2024 First Multiple Listing Service, Inc.

Information is deemed reliable but is not guaranteed accurate by the MLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Market Pricing and get the Facts about - are provided by On-Board Data Systems

Techinical Entity for providing IDX functionality is Weichert Lead Network - wlnhelp@wlninc.com

Data is updated as of 5/30/2024.

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2832 Shellbark Road

Multi-Family Home for sale in Decatur, GA

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